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| Two highly regarded awards in Asia - Pacific Regions conferred to Unity Infraprojects |
| Announcement / Corporate Feb 10, 2010, 18:43 IST |
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Mr. Kishore Avarsekar, Chairman & Managing Director of Unity Infraprojects Ltd., known for making infrastructure marvels nationally and internationally, has been conferred with the Udyog Rattan Award in recognition of his contribution towards Infrastructure development in the Asia Pacific Regions. Unity Infraprojects Limited has further been awarded the Excellence Award in appreciation of its best practices implemented in Safety, Human Resource Management, Productivity, Cost Management and Client Service. These awards have been given at the hands of His Excellency Mr. Korn Dabbaransi, Former Deputy Prime Minister of Thailand at the award function ceremony recently held in Bangkok, Thailand.
The occasion saw a congregation of dignitaries, officials and prominent and political personalities from Malaysia, Singapore, Thailand, Hong Kong and India.
These awards were constituted by Institute of Economic Studies (IES)* along with Indo - Thai Economic Forum. IES is one of the non profit premier research oriented and awareness promoting organizations of the Government of India. It has been conducting studies on various problems relating to the Indian Economy with the help of eminent academicians. It has also been constantly inspired by the patronage and presence of persons such as : Sarvashri Pranab Kumar Mukerjee, Khursheed Alam Khan, N. D. Tiwari, A. K. Panja, V. N. Gadgil, Madhavsing Solanki, Giani Zail Singh, Shankar Dayal Sharma, Kumudben Joshi, M. Arunachalam, P. Shiv Shankar, Ram Vilas Paswan, Ram Rao Adik, M. Hidayatullah and Rabi Ray.
Shri. Avarsekar has been instrumental in turning the company into a potential force in the Infrastructure segment. Consistent initiatives over the last three decades have ensured a turnaround and a steady growth for Unity. Under his leadership, the company has achieved a turnover of Rs 1,130 crore in 2008-09; a growth rate of 33 percent over the previous year and within 4 years company is targeting a turnover of Rs. 5000 cr.
The award recognizes Unity's contribution to the field of Infrastructure. The company was also applauded for the quality of talent that it attracts, retains and for being instrumental in creating a highly knowledgeable talent pool and making Unity the major Infrastructure player in India and abroad.
Speaking on the occasion, Mr. Avarsekar said: 'I am very pleased and humbled to receive this award from such a well-respected entity. I and my team at Unity Infraprojects have worked rigorously to make Unity Infraprojects as a global Infrastructure brand. We still have a way to go, it is nice to be reminded to look back and see how much progress has been made.’
About Unity Infraprojects Ltd.
Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation, water supply and urban infrastructure projects. Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.
With an established presence in engineering, irrigation and transportation, Unity is successfully diversifying its business model. Some of the landmark projects done by Unity are Expansion & Modification at Chhatrapati Shivaji International Airport, Mumbai; Millennium Business Park in Navi Mumbai; Mass Housing Projects for DDA in Delhi; New Secretariat Complex in Assam; Tsunami Re-construction Project in Andaman & Nicobar Islands; Jupiter Mills in Mumbai; Nizam Institute of Medical Science in Hyderabad; High Court in Karnataka.
Unity also has presence in real estate and BOT space. The company is ISO 9001-2008, ISO 14001-2004 and OHSAS 18000-2007 certified with accreditation from the ANSI-ASQ National Accreditation board. It has a market capitalization of over Rs.8327.4 million; and is listed in BSE & NSE.
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